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Left Coast2020

(2,397 posts)
Sun Sep 16, 2012, 12:55 AM Sep 2012

Obama's biggest Economic Challenge

Corporations won't hire more workers just because their tax bill is lower and they spend less on regulations. In case you hadn't noticed, corporate profits are up. Most companies don't even know what to do with the profits they're already making. Not incidentally, much of those profits have come from replacing jobs with computer software or outsourcing them abroad.


http://www.readersupportednews.org/opinion2/279-82/13398-focus-obamas-biggest-economic-challenge

I think requiring the corps contribute to a Works Program fund may be a good idea--if someone can sell it. Its high time corporations contribute to this country since they really don't seem to--other than the olympics. Didn't Truman do this? Or was it FDR?

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Obama's biggest Economic Challenge (Original Post) Left Coast2020 Sep 2012 OP
But what are we going to have the works program work on? abumbyanyothername Sep 2012 #1
Yes. Bringing our infrastructure into the 21st century. JDPriestly Sep 2012 #2

abumbyanyothername

(2,711 posts)
1. But what are we going to have the works program work on?
Sun Sep 16, 2012, 01:01 AM
Sep 2012

I would suggest building experimental communities or retrofitting existing communities to become places that are energy shock resilient -- places where eating, transportation, telecommunications, waste disposal, water and the like are not dependent on fossil fuel.

JDPriestly

(57,936 posts)
2. Yes. Bringing our infrastructure into the 21st century.
Sun Sep 16, 2012, 03:50 AM
Sep 2012

Updating bridges, assisting teachers in classrooms, increasing hospital staffing, supervising kids on playgrounds in the parks, working in national and state parks. There is lots to do. People with income can spend and save money, eventually maybe even start their own businesses.

Starting a job corps as a public/private partnership funded primarily with money that corporations would be required to pay into it would be a great idea and not all that burdensome on the corporations.

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